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Chevron (CVX) Stock Price & Analysis

CVX Stock Chart & Stats

$235.52$4.06(1.75%)
At close: 4:00 PM EDT
$200$2253 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$233.22 - $236.48
52-Week Range
$146.49 - $236.48
Previous Close
$231.46
Volume
6.70M
Average Volume (3M)
7.55M
Market Cap
$465.33B
Enterprise Value
$427.22B
Total Cash (Recent Filing)
$33.53B
Total Debt (Recent Filing)
$33.53B
Price to Earnings (P/E)
17.2
Beta
0.06
Next Earnings
Jan 22, 2027 (Est.)
EPS Estimate
5.46
Last Dividend Ex-Date
Aug 19, 2026
Dividend Yield
2.99%

Bulls Say, Bears Say

Bulls Say

Balance Sheet And Cash Generation

Robust operating and free cash flow, combined with declining debt and low leverage, gives Chevron substantial financial flexibility. This supports dividends, buybacks, capital investment, and resilience through weaker commodity cycles without relying heavily on additional borrowing.

Integrated Operating Scale

Sustained production at global scale and record refining throughput demonstrate broad operational execution across Chevron’s integrated portfolio. Consistent upstream output and downstream capacity can support reliable cash generation while allowing the company to capture value across multiple energy markets.

Low-Cost Production Growth

The Venezuela program offers a potentially durable source of low-cost production growth, with management describing it as immediately accretive, free-cash-flow positive, and self-funding. Expanded output could improve portfolio economics and add long-duration reserves over several years.

Bears Say

Commodity-Cycle Earnings Volatility

Chevron’s earnings remain materially exposed to oil, gas, refining, and chemical market conditions. The recent rebound does not remove the demonstrated cycle risk: weaker commodity or margin environments can reduce revenue, profitability, and free cash flow across the integrated portfolio.

Margin Moderation Risk

Potential normalization in refining margins and renewed petrochemical oversupply could pressure profitability even if Chevron maintains strong production and throughput. These conditions may reduce the contribution from downstream and chemicals, making consolidated earnings less supportive of current investment plans.

Unresolved Concession Uncertainty

An unresolved concession extension creates longer-term uncertainty around a significant operating asset and its future development framework. Continued negotiations may delay decisions, constrain planning visibility, or require commercial compromises that affect production growth and returns from the project.

Chevron News

CVX FAQ

What was Chevron’s price range in the past 12 months?
Chevron lowest stock price was $146.49 and its highest was $236.48 in the past 12 months.
What is Chevron’s market cap?
Chevron’s market cap is $465.33B.
When is Chevron’s upcoming earnings report date?
Chevron’s next earnings report is estimated for Jan 22, 2027 (not yet confirmed), which is in 82 days.
How were Chevron’s earnings last quarter?
Chevron released its earnings results on Oct 30, 2026. The company reported $5.28 earnings per share for the quarter, beating the consensus estimate of $4.865 by $0.415.
Is Chevron overvalued?
According to Wall Street analysts Chevron’s price is currently Undervalued.
Does Chevron pay dividends?
Chevron pays a Quarterly dividend of $1.78 which represents an annual dividend yield of 2.99%. See more information on Chevron dividends here
What is Chevron’s EPS estimate?
Chevron’s EPS estimate is 5.46.
How many shares outstanding does Chevron have?
Chevron has 1,975,771,200 shares outstanding.
What happened to Chevron’s price movement after its last earnings report?
Chevron reported an EPS of $5.28 in its last earnings report, beating expectations of $4.865. Following the earnings report the stock price went up 1.754%.
Which hedge fund is a major shareholder of Chevron?
Hedge funds hold Chevron shares: the largest hedge-fund position in Chevron is 71,884,420 shares, and hedge funds increased their holdings by 5.5M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology